Step 1: Project Free Cash Flow
The most recent Free Cash Flow (TTM) value is
28.65M
as of Jun 30, 2025.
We will project this out 5 years with a yearly growth
rate of
-19.09%.
Starting with 28.65M and growing at -19.09%
for 5 years, we estimate Free Cash Flow will be
9.93M.
Step 2: Project Future Diluted Shares Outstanding
The most recent Diluted Shares Outstanding value is 130.28M.
We will project this out 5 year(s) with a growth rate
of -1.05%.
Estimated Diluted Shares Outstanding: 123.58M.
Step 3: Project Future Stock Price
Using a price ratio of 21.34, formula: (Future Free Cash Flow ÷ Future Diluted Shares Outstanding)
× Price Ratio
(9.93M ÷ 123.58M) × 21.34 =
$1
Step 4: Project Future Dividends Paid
Forward dividend per share: $0.43.
Projected over 5 years with a growth rate of
-11.51%, dividends add to total shareholder return.
Expected dividends in 5 years:
$1.5837037594737906.
Step 5: Discount the Projected Stock Price
Projected stock price: $1.
Including dividends, total future value: $2.58.
Discounted at 10% per
year over 5 years → Fair Value:
$1.
